Processing Times for Water Trades - Report
Service standards for processing allocation and entitlement trade applications in
the Murray-Darling Basin have been developed as part of COAG water reforms to improve
the operation of the water market. The trade service standards for South Australia
are:
Allocation Trade Service Standards
|
Intra-state allocation trades
|
90 Percent of allocation trades within 10 business days
|
|
Interstate allocation trades
|
90 Percent of allocation trades within 20 business days
|
Entitlement Trade Service Standards
|
Approval Stage (intra-state and interstate)
|
90 Percent of entitlement trades within 20 business days
|
|
Registration Stage (intra-state and interstate)
|
90 Percent of entitlement trades within 10 business days
|
The allocation trade service standards commenced on 1 January 2009. The entitlement
trade service standards, which apply only in relation to the River Murray Prescribed
Watercourse, commenced on 1 July 2009.
Performance against the trade service standards is to be monitored and reported
in accordance with Monitoring and Reporting Frameworks for Allocation and Entitlement
Trades. Reporting of performance is on a cumulative basis for each water year, updated
monthly.
South Australia’s performance against the trade service standards is shown in the
following tables:
Print Report
South Australian Murray-Darling Basin Water Allocation Trading
|
Allocation Trade Processing Times 1 July 2010 to 30 June 2011
|
Number of trades
|
Performance against standard
|
Intended service standard
|
|
Inter-State trade - % of trades processed within 20 business days
|
357
|
100%
|
90%
|
|
Intra-State trade - % of trades processed within 10 business days
|
371
|
98.38%1
|
90%
|
South Australian River Murray Prescribed Watercourse Entitlement Trading
|
Entitlement Trade Processing Times from 1 July 2010 to 30 June 2011
|
Number of trades
|
Performance against standard
|
Intended service standard
|
|
Approval process - % of trades approved within 20 business days
|
406
|
99.27%
|
90%
|
|
Registration process - % of trades registered within 10 business days
|
406
|
100%
|
90%
|
South Australian Murray-Darling Basin Water Allocation Trading
|
Allocation Trade Processing Times from 1 July 2011 to 29 February 2012
|
Number of trades
|
Performance against standard
|
Intended service standard
|
|
Inter-State trade - % of trades processed within 20 business days
|
143
|
100%
|
90%
|
|
Intra-State trade - % of trades processed within 10 business days
|
161
|
95.03%
|
90%
|
South Australian River Murray Prescribed Watercourse Entitlement Trading
|
Entitlement Trade Processing Times from 1 July 2011 to 29 February 2012
|
Number of trades
|
Performance against standard
|
Intended service standard
|
|
Approval process - % of trades approved within 20 business days
|
263
|
98.48%
|
90%
|
|
Registration process - % of trades registered within 10 business days
|
263
|
100%
|
90%
|
Notes:
- 1 - In South Australia the service standard will apply within the River Murray prescribed watercourse only.